How Walmart uses Business Intelligence to improve its Operations (Essay Sample)
The paper entailed How Walmart uses Business Intelligence to improve its Operations
How Walmart uses Business Intelligence to improve its Operations
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Utilization of data using Business Intelligence plays a vital role in making data-driven decisions that steer the company towards achieving its mandate (Munoz, 2017). Business Intelligence has become an essential aspect of the overall performance of a 21st-century business entity. Walmart, employing a business intelligence in its operation, has enhanced its service delivery to its customers by making use of basic buyer information patterns, that has facilitated the formulation of an improvised business marketing strategy (Munoz, 2017).
Operations in Walmart stores have been made more efficient through the improvement of store checkout. Through predictive analysis, Walmart has been able to anticipate the stores' demands hence providing an ultimate guide that can track and optimize the workforce required to carry out the operations (Munoz, 2017). Managing the supply chain in the company has been adequately facilitated by Business Intelligence through the use of simulations that capture movements form the docks in the stores. Utilizating big data in this scenario further enables the store to track the interaction of a product from the stores to the customers. The simulation process reduces operational cost for Walmart as accurate scheduling of drivers time is done, and hence reducing transportation costs (Williams & Williams, 2010)
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